The Centre finally stepped in to resurrect Vodafone Idea, the ailing telecom operator, and is going ahead to pick up around 33% stake in the company to emerge as the largest shareholder. The move came after promoters Aditya Birla group and Vodafone Plc assured that they will raise as much as 20,000 crore, apart from kickstarting the exercise to launch the high-speed 5G network.
February 04, 2023 at 01:27AM
from Times of India
https://ift.tt/G0Lq7b6
Vodafone Idea gets a lifeline, govt to hold 33% stake
Subscribe to:
Post Comments (Atom)
'Avoid deserted areas': 2 more attacks on Indians in Dublin; embassy issues advisory
The Indian embassy in Dublin has issued a warning to its citizens in Ireland following a surge in violent attacks. Recent incidents include ...
-
Several notable WWE veterans passed away in 2024, including Sika Anoa'i, Francisco Ciatso, Akebono, Ole Anderson, and Virgil. These wres...
-
A potential collision was averted at Delhi's IGIA when an Indian carrier's A320, arriving from Phuket, slowed down and failed to pro...
-
Horoscope Today: Read daily horoscope predictions for December 7, 2024. Know all about the astrological events and influences that will be a...
No comments:
Post a Comment